SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Adaptec (ADPT)
ADPT 14.13-2.6%3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mark who wrote (2090)5/10/1998 9:53:00 PM
From: Investor2  Read Replies (2) of 5944
 
Re: "On this basis the stock is therefore looking like a sell."

Now is a curious time to determine that ADPT is a "sell." The 52-week high is $54.25. The current price is essentially at the 52-week low. Before the stock price dropped more than 60%, everyone was singing praises of the great outlook for this well-managed, cash-rich company. Now, when the company may be purchased for only 40% of its previous price, everyone is coming out with projections of doom and gloom.

It's funny how that works.

Best wishes,

I2
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News